The S&P 500 futures currently trade points above fair value.
Six of the "magnificent seven" stocks currently trade higher, adding to the constructive tone ahead of the open.
On the earnings front, TJX Companies (TJX 156.13, -1.53, -1.0%) beat EPS expectations by $0.13 and beat revenue expectations. The company guided Q1 and FY27 EPS below consensus, increased its dividend by 13%, and authorized a share repurchase of up to $3.0 billion in common stock.